Client Testimonials
When we first encountered NewCap Financial inc., they were working on behalf of the other side. We were representing ourselves. NewCap did everything right which made our lives miserable because we had never gone through this process before. The deal fell apart. We learned something though and that was a play on the old lawyer adage “if you are selling, buying or trying to merge your business, and you are doing it yourself, you have a fool for a client”
Since then we’ve used NewCap twice, once in negotiations with a large multinational and the other time in an internal matter involving the buy-out of a minority shareholder and the disposition of a business unit we felt we no longer wanted to be in. In both sets on negotiations we were extremely happy with the outcome.
We would have no hesitation in utilizing NewCap’s expertise in any upcoming negotiation.
Mr. Rolf Normandin and Mr. Millar Drummond
Plandirect Insurance Services Inc.
I have worked with Norm Seawright on a variety of transactions over a number of years, and I have seen him interact with clients and their advisors in many situations. In some of the situations emotions ran quite high and there was significant tension among the parties and their advisors. All of my experiences working with Norm on transactions have been very positive. Some of those transactions would not have been completed and some would likely have ended in litigation if it was not for Norm’s unique ability to win the confidence of the parties. Norm has a number of skills that together give him a unique ability to help parties come to agreement and get deals done. First, from a technical perspective, Norm is very good at analyzing complex financial situations and determining the appropriate approach to value a company. Second, Norm can look at situation from the perspective of all of the stake-holders and understand what each of them is going to require in order for a deal to happen. Third, Norm is good with people. I have seen him win the confidence of all of the parties to a transaction to the extent that they will follow Norm to a solution even in the face of resistance from their own professional advisors. Finally, Norm knows how to manage a transaction and all of the participants in the transaction and their professional advisors, from the stage of putting together a letter of intent, through and past the closing date. In summary, I would not hesitate to recommend Norm to assist a client with any merger or acquisition transaction, and in particular with transactions which are financially complex or in which the participants do not like each other very much.
Murray Gottheil, BCL, LLB
Senior Partner
Business Law Practice/Family Business Law Group
Pallett Valo LLP
It has now been more than a decade that we have been using the services of NewCap Financial and I can honestly say that we are very pleased with our business relationship. We have used NewCap to do everything from annual budgeting to long range planning to acquisition analysis in the automotive industry as well as other business ventures that we have in our portfolio. They are available on a moment’s notice to help out, they have a clear and concise understanding of our business, our industry and our thinking and they react to changes in market conditions quickly and effectively. Quite simply are just good guys to work with! If you or any of your associates are looking for these types of services, I would be very quick to recommend NewCap to you. You (like we are) will not be disappointed.
Steve Quinn
Retailer Principal
The Quinn Automotive Group
BMW Toronto, Parkview BMW, BMW Grand River
MINI Downtown, MINI Grand River.
Norman Seawright and his team at NewCap have been a tremendous help to me and my family over the past 5 years. They have successfully assisted us in navigating the very complex world of automotive leasing and securitization to the eventual succession planning and transition of our family business. Norm’s candour, insight, experience and no nonsense approach have been an absolute asset to me and my family and one for which we are very grateful.
Thank you!
Michael Carmichael
Dealer Principal
